I hear this picture.

The Core / Knots drama makes soooooo much more sense when you realize the sole Knots developer truly believes that his life savings of several hundred BTC was stolen by a Core developer. His life savings for which he was managing the keys on an internet connected laptop...

Alcohol is a tool with dangers and many people lack the ability to use it in a productive way.

I thought wine was supposed to get more valuable with age.

Everything in my cellar is losing value fast.

Even as the bottles improve with age and each vintage gets more scarce, they lose value.

Bitcoin is eating my lunch.

Just in the last month, my wine is down 26% and I don't see this stopping any time soon.

Once I understood this dynamic, that my wine is going to be devalued in bitcoin terms forever, I had two choices:

1) Reinvest back into my business to grow faster than bitcoin.

2) Sell wine for bitcoin and let that grow for me

In some ways I'm lucky that scaling up a winery is so hard. I age red wine for 2 years before I sell it and there's no real way to speed that process up. How could I possibly justify an attempt to outgrow bitcoin? My choice was easy.

For CPG businesses that cycle inventory faster, the decision isn’t as clear.

How do you make the case for bitcoin to someone beating its historical CAGR by reinvesting into their business? They're killing it, but long term, do they really expect to outpace bitcoin?

The pressure to scale constantly disappeared when I realized I didn’t have to grow just to survive. Just putting some of your sales in bitcoin lets it do a lot of the growing for you.

Growth is a fine goal, but chasing it just to stay afloat wears entrepreneurs down. They trade sleep, family-time, and sanity in the hopes that they can keep up.

Bitcoin can carry the growth pressure so you don't have to. Build the business you actually want, and let bitcoin carry the rest.

⚡️ NEW - Salvadoran president Nayib Bukele publishes and pins this photo of himself with Donald trump with this caption: "Friends 🇺🇸🤝🇸🇻"

Since Trump's first term it was clear that he was serious about keeping his campaign promises...

IMHO 2 bad ones:

1. Tariffs

2. Immigration

...and 2 good ones:

3. Lower taxes

4. Peace

He is now proving again that he meant what he said.

He is serious about increasing tariffs as was made painfully clear last week. He is serious about cracking down on immigration, although that is much easier said than done.

He seems to be attempting to pressure both sides into peace degotiations in Ukraine. It's a very tough deal to broker... but I believe that he will put all his clout into achieving it.

He is still to annouce his tax plan, but if the past serves as a guide he will pass large tax cuts in the US. Significant enough to offset the damage done to US corps by tariffs.

What he will not be able to do is balance the budget and reverse the US debt crisis. The cuts necessary to do that are just not politically viable in the US. He would need Milei-style shock therapy. My bet is that he won't even get close to trying, with DOGE never being allowed to come close to the big budget items (welfare, military, etc..).

So we can expect the debt bubble to increase until it pops.

Bitcoin will be there as a lifeboat when it happens.

Free will = making a sourdough cinnamon roll/ heart bake lol

⚡️🇺🇸 ALERT - 6.1 million Americans are behind on their mortgage.

FHA delinquencies just hit 11.03% — the highest in years.

The Bitcoiner community itself has become a lucrative business, thousands of vapid podcasts that in turn have sponsors of different kinds or look at the Bitcoin conferences.

This is not bad, all business is good but you must take it into account, we return to my maxim of life is a conjunction of interests.

You will not see podcast promoting Robosats, but you will see podcast promoting HodlHodl (KYC business even if they say they don't).

You won't see podcasts advertising hardware wallets free of secure elements, few will tell you the truth that from a technical and cryptographic point of view a Trezor T with SD protection is more secure with a coldcard.

I never saw anyone promoting joinmarket, I did see many criticisms of joinmarket from people who don't have enough technical knowledge and repeating Samourai's propaganda book.

Most podcasts will tell you a lot of lies that frankly hurt the community, so be careful, as I say Bitcoin has become a business for the Bitcoiners themselves and whoever can take advantage of others.